You're One of the Richest People in the World. You.

CNN Money delivered some startling news yesterday. Reporting on World Bank economist Branko Milanovic's book, "The Haves and the Have-Nots," you are one of the haves. Here's the deal:

It only takes $34,000 a year, after taxes, to be among the richest 1% in the world. That's for each person living under the same roof, including children. (So a family of four, for example, needs to make $136,000.) ... In the grand scheme of things, even the poorest 5% of Americans are better off financially than two thirds of the entire world.

About the Author

E.J. Graff writes on social-justice and human-rights issues, particularly discrimination and violence against women and children; marriage and family policy; and lesbian, gay, bisexual, and transgender lives. She is a resident scholar at the Brandeis Women's Studies Research Center and the author of What Is Marriage For? The Strange Social History of Our Most Intimate Institution (Beacon Press, 1999, 2004).